Bought a whole lot of stock this morning at $174 and was thrilled to sell at $180 around 2:00 p.m.
As of 3:28 p.m. it was selling at 159.
Moral of the day for all traders: Keep your eye on the ball until 4:00 p.m. (I mean refresh trade prices every damn second) and don’t get greedy. Take it while you can get it!
Just a piece of advice for any of you lone rangers out there. There is money to be made but you can’t walk away for a minute.
It almost makes me wish I were back in the game – not! I am happy for you but I also want you to promise to go back to ‘normal’ trading if the world ever recovers from this topsy-turvy Flu Manchu market, por favor.
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I’d love to so I can have a life again.
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Would it be too much for me to ask for your brokerage statements, both before and after, as well as your last 17 years’ worth of tax returns?
Follow up question: Is your hypertension medication made in America?
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Funny. I run off the hypertension (3 miles a day) in my preserve and no (!) I do not reveal my financials to anyone.
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“…no (!) I do not reveal my financials to anyone.”
Proving once again you are more than just another pretty face. Speaking of which, how did you know 5K/ 3 miles is the proper distance for daily runs unless one is training for the Olympics?
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Do you put in a stop-loss price to reduce your chances of getting toasted? Even with stop-loss if no one is willing to buy at that level, the market may crash well past your asking price before another trader bails you out, yes?
Forgive my ignorance but when I was doing day-trades we were still using sundials to keep time.
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Do you put in a stop-loss price to reduce your chances of getting toasted?
Yes, certainly, but I watch my investment every second. Hey, we all have jobs; this is mine! I think there is no such thing as retirement but that’s okay. I like what I do for a living so no complaints.
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Retirement is for people who are ready to die. Stay ‘in the fight’ no matter what your ‘fight’ is.
My older brother asked me a few years ago about whether or not I thought he should sell his practice, and I advised him not to do so. Before Kung Flu he was only seeing patients who had been with him forever but only Mon, 1/2 day on Wed, and Thursdays. He golfs every Wed afternoon with a bunch of fellow degenerates.
This pandemic has revealed quite clearly to him that my advice was sound. He is anxious to get back to work and his long-suffering staff, even more so.
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My idea of retirement is traveling around the world staying in 4 stars so I need to work a bit longer. ๐
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An Aussie buddy and fellow golfer is one of the managers here at La Meridien, Chiang Rai. I am sure he would give you a deal if you don’t want to stay for free in my gated community. It is where I take potential girlfriends for dinner on a first date. My success to failure ratio, so far, is beyond impressive.
https://www.marriott.com/hotels/hotel-information/ceimd-le-meridien-chiang-rai-resort-thailand/
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Simon, we still have an outstanding lunch date at Cafe Mozart do we not?
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Yes, you temptress! How do you know all of my top-secret hideaways?
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How do you know mine?
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“How do you know mine?”
Because I know what girls like.
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